In Friday’s Wall Street session, MeiraGTx Holdings plc (NASDAQ:MGTX) shares traded at $5.10, up 0.79% from the previous session.
MGTX stock price is now -17.77% away from the 50-day moving average and -11.74% away from the 200-day moving average. The market capitalization of the company currently stands at $409.86M.
On October 23, 2020, RBC Capital Mkts recently initiated its ‘Outperform’ rating on the stock quoting a target price of $27, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Giroux Richard, CFO & COO sold 24,000 shares of the company’s stock on Apr 22 ’25. The stock was sold for $144,000 at an average price of $6.00. Upon completion of the transaction, the CFO & COO now directly owns 882,494 shares in the company, valued at $4.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 22 ’25, Officer Richard Giroux bought 24,000 shares of the business’s stock. A total of $144,000 was incurred on buying the stock at an average price of $6.00. A total of 32.68% of the company’s stock is owned by insiders.
During the past 12 months, MeiraGTx Holdings plc has had a low of $3.85 and a high of $8.75. As of last week, the company has a debt-to-equity ratio of 2.44, a current ratio of 1.53, and a quick ratio of 1.51. The fifty day moving average price for MGTX is $6.2021 and a two-hundred day moving average price translates $5.77815 for the stock.
The latest earnings results from MeiraGTx Holdings plc (NASDAQ: MGTX) was released for 2025-03-31. The net profit margin was -484.90% and return on equity was -216.14% for MGTX. The company reported revenue of $1.93 million for the quarter, compared to $0.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 176.33 percent.
